Section 46A-1-53 - Agreement with bondholders as to custody and disposition of moneys.

46A-1-53. Agreement with bondholders as to custody and disposition of moneys. Section 46A-1-48 shall not be construed as limiting the power of the district to agree in connection with the issuance of any of its bonds as to the custody and the disposition of the moneys received from the sale of such bonds or from the income and revenues pledged or assigned to or in trust for the benefit of the holder or holders thereof.

Source: SL 1972, ch 241, § 48; SDCL Supp, § 46-17A-47.